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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share
The computation of basic and diluted earnings per common share is as follows:    
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In thousands, except per share amounts)
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Computation of Basic Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
35,813

 
$
35,279

 
57,407

 
$
56,748

Net income from discontinued operations

 
121

 

 
1,762

Net income
35,813

 
35,400

 
57,407

 
58,510

Income allocated to participating securities
(243
)
 
(324
)
 
(413
)
 
(523
)
Net income available to common shareholders
$
35,570

 
$
35,076

 
$
56,994

 
$
57,987

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
57,212

 
57,893

 
57,108

 
57,850

 
 
 
 
 
 
 
 
Basic earnings per share - Continuing operations
$
0.62

 
$
0.61

 
$
1.00

 
$
0.97

Basic earnings per share - Discontinued operations

 

 

 
0.03


$
0.62

 
$
0.61

 
$
1.00

 
$
1.00

 
 
 
 
 
 
 
 
Computation of Diluted Earnings Per Share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
35,813

 
$
35,279

 
$
57,407

 
$
56,748

Net income from discontinued operations

 
121

 

 
1,762

Net income
35,813

 
35,400

 
57,407

 
58,510

Income allocated to participating securities
(241
)
 
(322
)
 
(411
)
 
(521
)
Net income available to common shareholders
$
35,572

 
$
35,078

 
$
56,996

 
$
57,989

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
57,212

 
57,893

 
57,108

 
57,850

Diluted effect of stock options and PVRSUs
476

 
492

 
525

 
491

Weighted average common shares outstanding – diluted
57,688

 
58,385

 
57,633

 
58,341

 
 
 
 
 
 
 
 
Diluted earnings per share - Continuing operations
$
0.62

 
$
0.60

 
$
0.99

 
$
0.96

Diluted earnings per share - Discontinued operations

 

 

 
0.03


$
0.62

 
$
0.60

 
$
0.99

 
$
0.99